CEAT LTD chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 2,317.37
Dividend & Yield18.00₹ (1.78%)
Beta 0.38
Market capitalization 41.59B
Operating cash flow 6.19B
ESG Scores unknown

Company description

CEAT Limited manufactures and sells automotive tires, tubes, and flaps in India and internationally. The company offers rubber tires and tubes for scooters, bikes, three wheelers, cars, buses, LCVs, trucks, and tractors. CEAT Limited also exports its products to approximately 100 countries. The company was formerly known as CEAT Tyres of India Limited and changed its name to CEAT Limited in 1990. CEAT Limited was incorporated in 1958 and is headquartered in Mumbai, India.

Sector: Consumer Cyclical - Industry: Auto Parts

Financial Ratios
Quick Ratio0.36
Working Capital-0.07
Return On Equity0.02
Debt To Equity0.53
Fixed Asset Ratio0.02
Fixed Interest Cover1.38

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 1.89B 1.43B 7.21B 3.19B
Total Cashflows From Investing Activities -10.6B -10.76B -6.18B -9.44B
Net Borrowings 6.26B 3.85B -5.68B 5.82B
Total Cash From Financing Activities 4.84B 790.2M -7.31B 3.13B
Change To Operating Activities 186.8M 148.8M 1.89B 156.7M
Issuance Of Stock
Net Income 2.52B 2.31B 4.32B 712M
Change In Cash -146.3M -401.5M 86.9M -123.2M
Effect Of Exchange Rate
Total Cash From Operating Activities 5.61B 9.56B 13.58B 6.19B
Depreciation 1.79B 2.55B 3.4B 4.35B
Change To Account Receivables 381.1M 347.6M -2.51B -2.3B
Other Cashflows From Financing Activities -971.8M -2.1B -1.63B -1.94B
Change To Netincome 930M 1.9B 1.34B 1.86B
Capital Expenditures -11.07B -11.18B -6.39B -9.59B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 3.76B 3.04B 4.84B 948.8M
Net Income 2.52B 2.31B 4.32B 712M
Selling General Administrative 7.2B 7.29B 6.75B 6.94B
Gross Profit 27.38B 27.9B 33.57B 33.47B
Ebit 4.58B 4.5B 6.57B 2.86B
Operating Income 4.58B 4.5B 6.57B 2.86B
Interest Expense -837.3M -1.46B -1.76B -2.07B
Income Tax Expense 1.25B 742.3M 515.9M 243M
Total Revenue 69.85B 67.79B 76.23B 93.75B
Cost Of Revenue 42.47B 39.89B 42.66B 60.28B
Total Other Income ExpenseNet -820.1M -1.46B -1.73B -1.91B
Net Income From Continuing Ops 2.51B 2.3B 4.32B 705.8M
Net Income Applicable To Common Shares 2.52B 2.31B 4.32B 712M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 36.15B 44.21B 47.92B 58.64B
Total Stockholder Equity 27.66B 29.08B 33.16B 32.73B
Other Current Liabilities 7.04B 6.86B 10.82B 10.77B
Total Assets 64.05B 73.53B 81.32B 91.6B
Common Stock 404.5M 404.5M 404.5M 404.5M
Other Current Assets 1.64B 1.66B 1.46B 1.41B
Retained Earnings 21.73B 22.84B
Treasury Stock -143.8M 160.2M 32.76B 32.32B
Cash 675.5M 274M 431.2M 363.1M
Total Current Liabilities 21.3B 23.01B 30.46B 36.63B
Other Stockholder Equity -143.8M 160.2M 32.76B 32.32B
Property, Plant, and Equipment 39.04B 51.1B 54.33B 60.7B
Total Current Assets 20.01B 18.29B 22.4B 26.42B
Net Tangible Assets 26.58B 27.9B 31.93B 31.38B
Net Receivables 7.37B 6.98B 9.22B 11.54B
Accounts Payable 10.48B 11.94B 18.39B 21.58B


Insider Transactions

Here are the insider transactions of stock shares related to CEAT LTD:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Goenka (Harsh Vardhan)Other at price 21.49 per share.D2021-03-22Promoter2
Goenka (Harsh Anant) HUFOther at price 21.49 per share.D2021-03-22UNREPORTED10.13k
Banerjee (Arnab)Sale at price 22.83 per share.D2021-02-11Director (Executive)1.21k
MMPL TrustD2020-08-27Institution- Corporation1.58k
West Bridge Crossover Fund LLCD2020-08-27Indirect Shareholder585.42k
Konark TrustD2020-08-27Institution- Corporation13.27k
MMPL TrustD2020-08-21Institution- Corporation1.59k
Jwalamukhi Investment HoldingsD2020-08-21Institution- Corporation1.33M
Konark TrustD2020-08-21Institution- Corporation13.39k
Rao (L V S Srinivasa)D2020-03-31UNREPORTED200
Rao (L V S Srinivasa)D2020-03-31UNREPORTED200
Rao (L V S Srinivasa)D2020-03-31UNREPORTED400
Rao (L V S Srinivasa)D2020-03-31UNREPORTED400
Rao (L V S Srinivasa)D2020-03-30UNREPORTED400
Rao (L V S Srinivasa)D2020-03-25UNREPORTED200
Rao (L V S Srinivasa)D2020-03-25UNREPORTED220
Rao (L V S Srinivasa)D2020-03-24UNREPORTED300
Rao (L V S Srinivasa)D2020-03-24UNREPORTED680
Societe Ceat D Investissementen Asie S AD2019-12-04Institution- Corporation352.1k
Societe Ceat D Investissementen Asie S AD2019-12-03Institution- Corporation400k
Societe Ceat D Investissementen Asie S AD2019-11-06Institution- Corporation1.03M
Societe Ceat D Investissementen Asie S AD2019-08-26Institution- Corporation250
Tiaa - CrefD2014-11-28UNREPORTED1.89M
Goenka (Harsh Vardhan)D2012-06-29Non Executive Vice Chairman60k
L&T Mutual Fund Trustee LtdD2012-05-02Institution- Corporation145.5k
Goenka (Harsh Vardhan)D2012-03-29Non Executive Vice Chairman21.13k
Goenka (Harsh Vardhan)D2012-03-28Non Executive Vice Chairman7k
Goenka (Harsh Vardhan)D2012-03-28Non Executive Vice Chairman18.72k
Goenka (Harsh Vardhan)D2012-03-27Non Executive Vice Chairman8.15k
Goenka (Harsh Vardhan)D2012-03-27Non Executive Vice Chairman5k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to CEAT LTD. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on CEAT LTD

Here is the result of two systematic investment strategies applied to CEAT LTD. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on CEAT LTD

The following chart shows the equity curve of the two systematic investment strategies applied to CEAT LTD:

CEAT LTD automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -1.2% on the backtest period.

Performance at glance

Performance

-1.2 %

Latent gain

-101.5 ₹

Invested capital

8477.1 ₹

Annualized return

-0.29 %
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Momentum strategy results on CEAT LTD

This is the result of two momentum investment strategies applied to CEAT LTD. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on CEAT LTD

The following chart shows all the entries opened by the momentum investment system on CEAT LTD:

CEAT LTD momentum entries
  • The first momentum investment strategy would give 3.74% of return on CEAT LTD. That represents 377.4₹ of latent gain with 10092.1₹ of employed capital.
  • The second momentum investment strategy would give 1.85% of return on CEAT LTD. That represents 170.95₹ of latent gain with 9251.6₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

3.74 %

Latent gain

377.4 ₹

Invested capital

10092.1 ₹

Annualized return

-0.58 %
Performance at glance (2Q Momentum)

Performance

1.85 %

Latent gain

170.95 ₹

Invested capital

9251.6 ₹

Annualized return

0.5 %

Momentum equity curve on CEAT LTD

The following chart shows the equity curve of the two momentum strategies applied to CEAT LTD:

CEAT LTD momentum equity

Note: the dividends potentially given by CEAT LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CEAT LTD

The following chart shows the employed capital evolution of the two momentum strategies on CEAT LTD since the beginning:

CEAT LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on CEAT LTD

Buy the dip entry openings on CEAT LTD

CEAT LTD

The performance achieved by the robo-advisor on CEAT LTD is -1.27%. That represents -13.45$ of latent gain with 1060.4₹ of employed capital. The following chart shows CEAT LTD stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of CEAT LTD, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-1.27 %

Latent gain

-13.45 ₹

Invested capital

1060.4 ₹

Annualized return

-0.58 %

Equity curve of the strategy applied to CEAT LTD

The following chart shows the result of the investment strategy applied to CEAT LTD:

CEAT LTD

Note: the dividends potentially given by CEAT LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CEAT LTD

The following chart shows the employed capital evolution since the beginning of the investment strategy on CEAT LTD:

CEAT LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on CEAT LTD

In this section, I will compare the three previous investment strategies applied to CEAT LTD.

Equity curve comparison on CEAT LTD

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

CEAT LTD investment strategy comparison

Employed capital comparison on CEAT LTD

CEAT LTD investment comparison

Performance comparison on CEAT LTD

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -1.2% -101.5₹ 8477.1₹ -0.29%
Momentum 1 quarter 3.74% 377.4₹ 10092.1₹ 0.94%
Momentum 2 quarters 1.85% 170.95₹ 9251.6₹ 0.5%
Non-directional -1.27% -13.45₹ 1060.4₹ -0.58%
Annualized return comparison

Automatic investment

-0.29 %

Momentum 1Q

0.5 %

Momentum 2Q

0.5 %

Non-directional

-0.58 %

Correlated stocks

Here are the most positively and negatively correlated stocks with CEAT LTD:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between CEAT LTD and the other stocks. There may be false positives or some missing correlated stocks. If the price of CEAT LTD does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name CEAT LTD
Country India
City Mumbai
Address RPG House
Phone 91 22 2493 0621
Website www.ceat.com
FullTime employees
Industry Auto Parts
Sector Consumer Cyclical
Exchange XNSE
Ticker CEATLTD.XNSE
Market

CEAT LTD ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown